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At Chevron Federal Credit Union, we recognize that each borrower’s circumstances are unique.

Not everyone's path to homeownership looks the same. While most financial institutions put a lot of stock in a borrower’s income when reviewing a borrower's application, Chevron Federal Credit Union takes all your assets into consideration. Whether you’ve retired from the workplace or you have low or no income for other reasons, we’ll work with you to find a customized solution. 

Key features of the Asset-Based Home Loan Program:

  • Loan to value (LTV)/Combined loan to value (CLTV) for Refinance/Purchase up to 70%
  • LTV/CLTV for Cashout Refinance up to 60%
  • First mortgages, fixed second mortgages, and HELOCs eligible
  • 15-year and 30-year amortization available


This program is ideal for retirees with fewer than two years of employment history. Financing is available for owner-occupied, non-owner occupied, second homes, 1-4 units, and PUDs.

Still have questions?

Our Mortgage Relationship Managers are here to help you every step of the way. Please call our Home Loan Help Desk at 888-334-5120. For those outside the U.S., call 510-627-5120.

To check your pending application status, simply log in to your existing application.
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